Where member opts for joint pension, members original or certified marriage certificate, spouse’s original or certified birth certificate and certified passport photo.

If member opting for Pension, original or certified (by lawyer or Commissioner of Oath or Notary Public (Overseas) birth certificate and passport size photo of the Nominee. Original or certified copy of Marriage certificate and certified passport photo (if applicable).

Latest bank statement (Local/Overseas).

Where member opts for payment into overseas bank accounts, the member shall submit details of overseas bank account number and branch address, BSB number, swift code and routing number.

Where a member is not mentally capable of making decisions, a report from the committee appointed under Medical Treatment Act certifying the mental condition of the member.

Pension Options

Life Pension regular monthly payment paid out to the pensioner until he/she dies. It can be a sole or joint pension and different rates are applied for each.

Term Annuity allows a member to opt for full or part of his/her balance in their FNPF account for a fixed term of 5, 10 or 15 years; different rates apply for each of the fixed terms.

Lump Sum Withdrawal allows member to withdraw some or all, of his/her balance in their FNPF account amount as a lump sum.

A combination of lump sum and/or life pension and/or term annuity.

Impotant to note:

The Pension option submitted and accepted by FNPF shall be deemed to be the final decision of the member; thus, it’s important for the member to carefully consider his/her options and to choose wisely.

Member cannot make changes to the pension options after the acceptance of the application form by FNPF. Again, the need to consider your options and choose wisely.

Ensure to obtain Pension and Term Annuity Key Features Statement from the Fund prior to finalization of the selected option.

Method of Payment

Payment will be made directly to member’s bank account.

Any bank charges for the purchase of a bank draft or telegraphic transfer is deducted from the member’s withdrawal payment.